Investments & Insurance

Full Service Investments
Online Discount Brokerage 

Insurance

Full-Service Investment Advice

NEW! You can now setup and view all of your investment, MAFCU and other accounts here. Get a consolidated view of your finances with this new online tool. For more information or to set up your account, please contact David Shober or Cecelia Cummings at 301-990-4395 or click here..

MAFCU has partnered with Wealth Strategies Group to provide members with financial planning services. Wealth Strategies is a comprehensive financial services firm located in Rockville, Maryland. Wealth Strategies offers an integrated host of services that take into account virtually every issue you may have in financial planning, including:

With Wealth Strategies Group as your guide, your present and future financial needs will be met with security and insight.

Please contact Wealth Strategies at 301-990-4395 or visit www.wsgmd.com for more information.

Securities licensed associates of Wealth Strategies offer Securities and Advisory Services through National Planning Corp (NPC), Member NASD/SIPC. Securities provided through NPC are not NCUA insured, have no financial institution guarantee, and may lose value. Wealth Strategies, Mid-Atlantic Federal Credit Union, and NPC are separate and unrelated companies.

Online Discount Stock Brokerage

Discount Stock Brokerage service is available through BestVest Investments, LTD:*

• Automatic credits or debits for all sales or purchases from your MAFCU checking account.
• Discounted brokerage services at substantially reduced commission rates.
• Up-to-the-minute market quotations.
• Immediate order placements for any NYSE, AMEX, and over-the-counter stocks, options, even corporate and municipal bonds, and US Government issues.
• Custodial services available for purchases and sales.
• Round trip discount of 50% applies to transactions over 300 shares which are purchased and sold within thirty days.
• Up to 70% savings from full service rates.
• Electronic transfers -- no checks to write.
• Immediate credit on settlement date.
• Visit BestVest Online - the Online Trading and Back Office System!

* The Credit Union is not a registered broker. Discount Brokerage Services are executed through BestVest Investments, LTD, members NYSE, SIPC.

Members and clients of the Discount Brokerage Program area advised that this program offers services which permit the member to invest in investment securities which are: 1) not federally insured; 2) are not obligations of the Credit Union; 3) are not guaranteed by the Credit Union or any affiliated entity; 4) involved investment risks, including the possible loss of principal; and 5) may be offered by an employee who services both functions of accepting members' deposits and the selling of non-deposit investment products.

MAFCU has joined forces with Premier Solutions Group, to offer you an extended warranty program:

Guaranteed Asset Protection (GAP Insurance)
Guaranteed Asset Protection, or GAP, is insurance that pays any remaining balance due on your loan or lease in the event of theft or total loss.

• Covers the difference between what you owe in payments on your vehicle and what your insurance company establishes as cash or market value of your car and its loan or lease pay off amount.
• Your car starts to depreciate the moment you drive it off the lot. In the event of a total loss, the settlement amount received from your insurance company is the actual cash or market value of your vehicle.
• In many cases, this amount is less than what you owe the lender or lease company and you are held responsible for the difference.
• GAP will pay the difference of your loan beyond what your insurance company will pay. This also includes any deductible up to $1,000.
• Receive replacement vehicle assistance of $1,000. This amount can be used to reduce the amount of the new loan when financing or leasing a replacement vehicle through MAFCU.
• The credit union charge is $239 per policy.

Nationwide offers you:

• Auto, homeowners & rental insurance;
• Special discounted rates not available to the general public;
• Additional policy discounts;
• Convenient monthly payment plan;
• Personal service from a local agent;
• Superior 24-hour claim service; and
• Solid reputation of the Nationwide Insurance Enterprise.
• Find out more about special savings on auto insurance for MAFCU members or request a free quote by calling 301-474-4111.

LifeRing Group Term Life Insurance
CONNECTS YOU TO PEACE OF MIND

Are you newly married, bought a home, had a new baby, or now have college age children? Perhaps you are planning for retirement or realized that you may have greater estate liquidity needs than previously thought. What to do? You can address these issues quickly and economically by applying for life insurance through your Credit Union - sponsored LifeRing Group Term Life Insurance Plan. You can find out more information through www.lifering.net.

Background

• LifeRing is underwritten by New York Life Insurance Company. New York Life (NY, NY 10010) has received the highest rating from A. M. Best Company (A++) Superior.
• A. M. Best is recognized as the leading, independent service which rates insurance companies for their financial condition and operating performance.
• LifeRing has been serving Credit Union Members and their families for over 20 years.

Purchasing Coverage

• Take advantage of attractive group rates and select the amount of coverage you want, from as little as $50,000 to as much as $500,000.
• Coverage can never be canceled as a result of changes in your health.
• Can be renewed to age 75 provided the group policy remains in force and you remain otherwise eligible.

Easily Add Coverage for Yourself or for Your Entire Family.

• You are eligible to for this coverage if you are a member of the Credit Union under age 65.
• If your spouse is also a Credit Union member under age 65, she or he can for coverage, too
• for coverage for all your unmarried dependent children (age 14 days to 25 years).

Get a Free, No Obligation Quote

• Just call AON Select, the Plan Administrator, at 1-800-223-8646 (weekdays between 8:30 a.m. and 5:00 p.m. Eastern Time).
• You can receive all application materials by mail in just a few days, or you can review the information and through www.lifering.net. Don't delay. Do it today!

NEW Lifestyle Protector Insurance

Lifestyle Protector is not just a Life Insurance Policy. It is also designed to pay you as much as $100,000 during your lifetime if you are diagnosed with a named critical illness. You do not have to die to collect. These living benefits can be used in any manner you wish and are paid in addition to benefits paid by other policies.

Click here for information

Accidental Death & Dismemberment Insurance

As an eligible member of MAFCU age 18 or over, you are entitled to:

• Receive $1,000 of Accident Protection at no cost to you;
• Additional coverage up to $300,000 of Voluntary AD&D Insurance at affordable group rates! ; and
• Premiums paid automatically from your MAFCU savings or checking account quarterly.

Find out more.

Credit Life, Accident and Sickness Insurance

• Is your family protected against the unexpected? With credit life insurance, if you die or become disabled due to a covered illness or accident, your loan payments may be reduced or paid off. This insurance offers:
• Simple eligibility with no physical exam required to qualify.
• Coverage for just pennies a day.
• No additional bills to worry about because premium will be included in your monthly loan payment.

Contact our Member Service Center or talk to a Financial Service Representative at the branches for information on adding credit life and disability insurance to your loan.

NCUSIF Deposit Insurance
Deposits in federal credit unions are insured to at least $250,000 by the National Credit Union Share Insurance Fund (NCUSIF), which is administered by the National Credit Union Administration (NCUA). Credit Union Individual Retirement Accounts are insured separately up to $250,000. Like the Federal Deposit Insurance Corporation's (FDIC) Bank Insurance Fund, the NCUSIF is backed by the full faith and credit of the United States of America. Not one penny of insured savings has ever been lost by a member of a federally insured credit union. Your money is safe with Mid-Atlantic Federal Credit Union.

Excess Coverage: The Credit Union Advantage
Great rates and friendly service are just two good reasons to choose Mid-Atlantic Federal Credit Union as your primary financial institution. We'd like to give you another reason - Excess Share (Deposit) Insurance coverage, a product unique to credit unions! Excess share insurance provides an additional $250,000 of protection on deposits above the federal government's current $250,000 or $250,000 for IRAs.

This added protection is made available through our affiliation with the Excess Share Insurance Corporation (ESI), a licensed property and casualty insurer and a subsidiary of American Share Insurance (ASI). ESI's extended coverage offers the convenience of maintaining all your savings at one financial institution without sacrificing insurance protection or peace of mind!